JDW Sugar Mills Ltd. reported un-consolidated and consolidated earnings results for the first quarter ended December 31, 2015. For the quarter, on unconsolidated basis, the company reported net sales were PKR 9,577,503,808 compared to PKR 6,394,797,105 a year ago. Profit from operations was PKR 681,256,016 compared to PKR 708,031,499 a year ago. Profit before taxation was PKR 310,840,530 compared to PKR 163,179,518 a year ago. Profit after taxation was PKR 167,579,160 or PKR 2.80 per share compared to PKR 100,057,734 or PKR 1.67 per share a year ago.

For the quarter, on consolidated basis, the company reported net sales were PKR 11,079,124,268 compared to PKR 8,861,322,780 a year ago. Profit from operations was PKR 780,871,611 compared to PKR 1,001,230,911 a year ago. Profit before taxation was PKR 339,977,211 compared to PKR 336,147,682 a year ago. Profit after taxation was PKR 176,627,112 or PKR 2.95 per share compared to PKR 204,749,795 or PKR 3.43 per share a year ago.